UPL: UPL has incorporated a wholly owned subsidiary in the name of UPL Speciality Chemicals (USCL) which has acquired 100% holding in Kudos Chemie. Kudos manufactures speciality chemicals used as beverage and pharmaceutical ingredients and has manufacturing facility near Chandigarh. Kudos acquisition helps UPL to offer various value added products to its customers having synergy with its existing business.
Axis Bank: Credit rating agency Fitch Ratings has on 15 June 2022, revised the rating outlook to stable from negative on the long-term issuer default ratings of the bank.
NBCC (India): The company has secured the total business of Rs. 330.35 crore during the month of May, 2022.
Indian Overseas Bank: Indian Overseas Bank's board has approved the capital plan of the bank for FY23. The bank will raise up to Rs 1,000 crore by issuing equity shares and another Rs 1,000 crore by issuing bonds, in FY23.
Equitas Small Finance Bank: The company said that the Reserve Bank of India has approved its proposal to reappoint the Managing Director & Chief Executive Officer Vasudevan P N for one year with effect from 23 July 2022.
Astron Paper and Board Mill: The company has completed the trial of new product named 'Absorbent Paper' successfully at Balaram Papers Private Limited, wholly owned subsidiary, Mehsana, Gujarat.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app